Banks’ preparations for tough times could dampen profits
KPMG sees banks continuing to make provisions for higher bad debts.
KPMG sees banks continuing to make provisions for higher bad debts.
Are we there yet? 'Muddlling' economy a sign of colliding forces, bank says.
The nasty and costly scams have prompted a warning and some advice from ministers.
ANZ-Roy Morgan Consumer Confidence Index in May showed Kiwis expect inflation to ease.
Some sectors sacrificed as surging cost of living forces tough choices.
Experts believe interest rate hikes are working.
ANZ's CEO expects mega-profits to decline from here.
ANZ first half rise by 1 per cent to $1.1 billion.
ANZ-Roy Morgan's consumer confidence index is still "extremely low" this month.
Impact to wider economy marginal, but flooding means more disruption to supply chains.
Not clear if bank's rivals will remain as customers.
The move comes in the wake of last week's official cash rate hike.
Should banks be raking in record profits during a cost of living crisis?
Hybrid working has become more of a permanent shift for some businesses.
The bank is keeping a close eye on rising interest rates and unemployment.
Consumers' desire for normality and strong property market boosted the bank.
Some mortgage rates are now over 7 per cent.
"We are well and truly in an environment of slower growth," says ASB's Nathaniel Keall.
Affected customers are urged to contact the bank if fees have been unfairly charged.
The Kiwi has headed up the Australian bank for seven years.
OPINION: 'NZ is perhaps the only market that is so dominated by overseas-owned banks.'
Kiwibank and Westpac have also announced plans for green business loans.
Fees one of the first barriers families face in deciding if they can register their child.
BNZ sees an 'orderly correction' with unemployment remaining low and business solid.
Cheesed off at food prices? Fear not, economist says, there's reason to be upbeat.
The boss of NZ's largest bank shares her views on money and investing.
The lawsuit was filed in September last year and could include up to 150,000 customers.
New Zealand's appetite for sustainable finance is accelerating.
ANZ New Zealand is raising $250m to meet more stringent Reserve Bank requirements.